# OANDA Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/oanda

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.oanda.com
- Total disclosed funding: $117M
- Latest round: Series B (Sep 17, 2007)
- Investors on record: 5

## About

OANDA Corporation is a leading online forex broker and cryptocurrency trading platform, providing advanced trading services for both institutional and retail clients across global markets.OANDA Corporation, founded in 1996 in San Francisco, US, operates as an online forex broker and cryptocurrency trading platform. The company has evolved its business strategy to serve a diverse clientele, including both retail and institutional traders. OANDA was involved in a Secondary Buyout on February 3, 2025, when it was acquired by FTMO from CVC Credit Partners for USD 160.00 mn, raising a total of USD 160.00 mn through various funding rounds. The company is co-led by CEOs Gavin Bambury and Philip Waters, who bring significant industry experience to the firm.OANDA operates as an online forex broker and cryptocurrency trading platform, primarily offering a suite of trading services to institutional and retail clients. The company provides access to a diverse range of financial instruments, including over 68 major and minor currency pairs and eight popular cryptocurrencies such as Bitcoin and Ethereum through its partnership with Paxos. OANDA's core products include its proprietary trading platform, which is accessible via web, mobile, and tablet devices, as well as integrations with third-party platforms like TradingView and MetaTrader 4 (MT4). The services are designed to help users manage their trading strategies through advanced charting tools, technical analysis features, and educational content aimed at both novice and experienced traders. OANDA serves clients in various geographical markets, including North America, Europe, and Asia, catering to both individual traders and larger institutional accounts.OANDA generates revenue primarily through spreads on forex and cryptocurrency trades, along with fees for account maintenance and premium features. Clients engage with the platform to execute trades and may incur financing fees and margin costs based on their trading activities. The transaction structure allows direct access to the trading platform, where users utilize various tools to make informed trading decisions. OANDA promotes its services with offerings like the Elite Trader account, providing enhanced execution benefits and potential bonuses for new clients. The pricing structure accommodates diverse trader types while ensuring transparency and client support, thereby reinforcing its reputation in the financial services sector.OANDA plans to leverage its recent acquisition by FTMO to drive future growth, including the development and launch of new products to enhance its trading offerings. The company is focused on expanding into emerging markets, particularly in Asia and Europe, with the aim to establish a stronger presence by the end of 2026. The USD 160.00 mn raised in the recent Secondary Buyout will support these initiatives, facilitating investments in technology and market expansion strategies.

## Funding rounds

- Series B, Sep 17, 2007, $100M — Index Ventures, New Enterprise Associates, T Rowe Price, Cascade Investment, Legg Mason, Inc.
- Series A, Sep 1, 2005, $17M — Index Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B
- T Rowe Price (https://capitalatlas.ai/funds/t-rowe-price) — Series B
- Cascade Investment — Series B
- Legg Mason, Inc. — Series B